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Wednesday 21 October 2015
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Sizzling hot stocks: Microsoft Corporation (NASDAQ:MSFT)

During Friday’s Afternoon trade, Shares of Microsoft Corporation (NASDAQ:MSFT), gained 0.18% to $47.71. The firm opened its current trade at $47.44, and as of now, it is trading at $47.70. The total volume traded for the day is 17.87M shares, as compared to its average daily volume of 29.67M shares. The stock is floating in a range of $47.02 - $47.79. The stocks hold the market capitalization of $381.19B.

Microsoft customers to receive access to Akamai’s market-leading CDN as part of Microsoft Azure cloud platform

Akamai Technologies, Inc. (AKAM), the global leader in content delivery network (CDN) services, and Microsoft Corp. have declared a partnership in which access to the Akamai CDN will be fully integrated into Microsoft Azure. The forthcoming Azure CDN offering is designed to optimize performance of content and applications deployed and delivered on Azure.

As part of the companies’ expanded relationship, Microsoft is also bringing to market a series of first-party services that comprise Akamai’s market-leading CDN, acceleration and security solutions. Microsoft enterprise customers will be able to purchase any Akamai offering as “self-select” options through the Azure portal or as part of their organization’s Microsoft enterprise agreement. In addition, customers will receive integrated, one-stop service and support from Microsoft and Akamai.

“Through this planned partnership, Microsoft and Akamai are assisting usher in the next generation of content delivery tailored for cloud platform customers of all sizes,” said Bill Staples, Corporate Vice President, App Platform, Microsoft Azure. “The Azure CDN combines the intelligent cloud services of the Azure platform with the delivery advantages of Akamai’s world-class and massively-distributed CDN. Further, Azure customers can leverage Akamai’s unique CDN, acceleration and security product portfolio that can be managed and purchased through a single enterprise agreement.”

“We believe the power of the Azure platform combined with the reach and scale of Akamai’s CDN opens a wealth of new possibilities for building and delivering highly-effective, cloud-based solutions for a host of applications,” said Tom Leighton, CEO of Akamai. “From start-ups to established enterprises, businesses need the assurance of scale, performance, and security as more and more applications and workloads move to the cloud. We look forward to collaborating with Microsoft Azure and being a part of their open and flexible cloud strategy.”

Akamai

As the global leader in Content Delivery Network (CDN) services, Akamai makes the Internet fast, reliable and secure for its customers. The company’s advanced web performance, mobile performance, cloud security and media delivery solutions are revolutionizing how businesses optimize consumer, enterprise and entertainment experiences for any device, anywhere.

Microsoft

Microsoft Corporation, a technology company, develops, licenses, and supports software products, services, and devices worldwide. The company’s Devices and Consumer (D&C) Licensing segment licenses Windows operating system and related software; Microsoft Office for consumers; and Windows Phone operating system.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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